Manchester United will return with an improved £35million joint bid for Everton pair Marouane Fellaini and Leighton Baines after an initial offer of £28million for the midfielder and defender was dismissed as "derisory and insulting".

Tottenham are set to send their incredible spending spree crashing through the £100million barrier with the signing of Willian and Erik Lamela.

Newcastle intend to spend the proceeds from the possible sale of Yohan Cabaye to Arsenal on Blackpool's Tom Ince, although Spurs are also interested in the England U21 winger.

Southampton could sign Scott Sinclair on a permanent £5million deal with Manchester City keen to sell the 24-year-old winger rather than allow him to join West Brom on loan.

Liverpool defender Sebastian Coates, 22, could be out for six months after suffering a knee injury on international duty with Uruguay and the Anfield club could now move for Sporting Lisbon's 20-year-old centre-back Tiago Ilori.

Arsene Wenger lost his cool with an angry message to Arsenal fans: I don't have to explain myself to anyone.

Blackburn midfielder Morten Gamst Pedersen, 31, is set to sign for FC Copenhagen after being told he can leave Rovers after nine seasons.

THE SUN

Gareth Bale's world-record transfer to Real Madrid was all but sealed last night with Spurs using the money to fund six new signings.

Arsene Wenger has hit back at moaning fans, storming: "I don't have to explain everything I do."

Meanwhile, the Magpies could revive their interest in Lyon striker Bafetimbi Gomis who was watched by boss Alan Pardew last night.

Reading have made a £1million move for Sunderland midfielder David Vaughan after the 30-year-old was told he could leave the Stadium of Light.

Crystal Palace are closing in on a loan move for 27-year-old Southampton winger Jason Puncheon.

Turkish club Besiktas hope to sign Manchester United full-back Alexander Buttner on loan.

Sevilla are showing an interest in QPR midfielder Stephane Mbia as a possible replacement for Arsenal and Manchester United target Geoffrey Kondogbia.

DAILY EXPRESS

Tottenham shattered their club transfer record once again as they splashed out £60million on Willian and Erik Lamela - paving the way for Gareth Bale to confirm his £104m move to Real Madrid by the end of the week.

Arsenal boss Arsene Wenger hit back at everybody questioning his move for Yohan Cabaye, adamant that 16 years of success meant he should not have to explain himself.

Manchester United could turn to Southampton's £10million-rated left-back Luke Shaw, 18, after being rebuffed in their pursuit of Everton's Leighton Baines.

DAILY TELEGRAPH

Arsene Wenger launched an outspoken defence of his transfer strategy, claiming that he was unconcerned by the vast spending at Tottenham and promising that Arsenal would end this transfer window with a perfectly balanced squad.

Everton are keen to sign Manchester City midfielder Gareth Barry on loan but the 32-year-old's wages are proving a stumbling block.

Norwich are close to signing former Bolton Wanderers striker Johan Elmander from Galatasaray, according to the Turkish club.

THE TIMES

Arsene Wenger insists that Arsenal had "nothing to explain" over their approach in the transfer market after they were accused by Newcastle United of showing disrespect in their pursuit of Yohan Cabaye.

Napoli are being linked with a move for Arsenal defender Thomas Vermaelen who is currently sidelined with a back injury.

THE INDEPENDENT

Arsene Wenger last night launched a passionate defence of Arsenal's record in the transfer market and moved to reassure supporters that the club has plenty of time to act before the window closes on September 2.

THE GUARDIAN

Andre Villas-Boas is poised to break the Tottenham Hotspur transfer record for the third time this summer with the £30million capture of Brazilian forward Willian from Anzhi Makhachkala.

Arsene Wenger suggested he did not care what Tottenham do in the transfer market or, indeed, any of Arsenal's rivals in the Premier League, as he mounted a strong defence of his policies and promised he would finish a testing summer with the "right balance" to the squad.

Readers' Comments

I

t's wrong to be making a joke out of Bender's name at the expense of gay people. It's the kind of childish, uncivilised thing that Football365 would deride and ridicule if it was another media outlet saying. Why is there a need for jokes like this? Does it make your writers feel like men? F365 might suggest that I 'lighten up', but it is genuinely traumatic for people who have been oppressed all their lives to be the butt of jokes, and to be told...

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.